Senior Gas Trader

Job Description

European Corporate & Investment Bank. LondonDescriptionExciting opportunity for a Senior Gas Trader with a European Corporate & Investment Bank. London- Build market making business on European gas.- Gas financial and physical derivativesOur clients Commodities trading desk is looking for a highly motivated individual with a strong level of intellectual curiosity to run their gas trading portfolio. As a Gas Trader your task will be to build a market making business on European gas. Yourdaily tasks will be to structure, price, trade and manage positions on Gas financial and physical derivatives contracts in order to exploit and develop the banks core client franchise in a risk controlled, capital efficient and cost effective manner.The role:

• Effectively market make, manage risk and keep senior staff informed of current risk positions, be up to date with the rules and regulations of the gas markets and exchanges.
• Work with the Head of Commodity trading to implement the most optimal trading strategies on gas assets.
• Interact with OTC/listed brokers to make sure the best execution is always performed.
• Build and maintain strong relationship with Trading counterparties.
• Monitor current market levels and competitor pricing, mark the trading books and make available such market data across the Commodity platform, reconcile and ensure accuracy of Risk and Profit & Loss figures on a daily basis.
• Keep trading books within all required risk limits.
• Develop technical, market, product and technological expertise in a fashion consistent with the strategic aims of the business.
• Act as the Lead Front Office Gas expert in the bank and represent the business with all internal stakeholders.
• Coordinate with Support units to set up the trading instruments in the various trading systems.
• Work with the operations team to enable them to handle the settlement and delivery of financial and physical gas contracts.
• Actively promote the gas franchise with Sales teams. Provide accurate and timely prices on their requests and provide regular trade ideas and market comments.
• Assist in the further automation and digitisation of the gas business, coordinate projects, monitor performance against objectives.
• Typical instruments traded include spot, futures, forwards, swaps both cash settled and physically settled.

ProfileExciting opportunity for a Senior Gas Trader with a European Corporate & Investment Bank. London- Build market making business on European gas.- Gas financial and physical derivativesThe candidate:

• Experience of at least 5 years in Gas trading is essential.
• Expert knowledge of the European natural gas market. Sharp technical expertise in gas derivatives contracts.
• The successful candidate will have a solid understanding of the various gas supply and demand fundamentals as well as pipeline infrastructures.
• Robust relationship with the key European consumers players.
• Good vision of who the suppliers and marketers are.
• Ability to carry out execution of multiple Gas contracts in a tight frame in the most efficient, compliant and cost-effective way.
• Excellent numerical and analytical skills.
• Solid problem-solving abilities.
• Strong commercial mindset and high communication skills.
• High entrepreneurial mindset required to build a business.
• Excellent P&L track record.
• The successful candidate is likely to be educated to degree level in Mathematics, Physics, Engineering, Econometrics, or similar highly quantitative discipline.

Job OfferThe package will be competitive